Buy/Sell Tips for Buyers in a Seller’s Market
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Dealers who want to grow their auto groups are facing a problem. They are looking to add stores to their group, but are finding that there is a lack of dealerships available for acquisition.
Brady Schmidt and Peter DiPersia of National Business Brokers will provide dealers with strategic insights that will guide them through the process of pinpointing and acquiring the specific stores they desire. Additionally, this webinar will equip dealers with the skills needed to position themselves as the winning buyer in a deal, ensuring a competitive edge in negotiations.
Agenda Topics Include:
Acquisition Criteria: Determining the criteria for your ideal acquisition
Embracing a "Seller's Mindset": Understanding the perspective of sellers to facilitate smoother negotiations
Utilizing Experts: Work with experts (legal, accounting, broker, real estate appraiser) to finalize the deal quickly
Paperwork and Documentation: How to prepare paperwork including proof of financing, personal financial statement, CSI/SSI scores, and documents for factory approval
Avoiding Delays: How to avoid distractions and derailments on the way to Closing Day
Presenters:
Brady Schmidt, President, National Business Brokers
Peter DiPersia, Senior Vice President, Northeast Region, National Business Brokers
About National Business Brokers:
National Business Brokers has been helping new car dealers buy and sell their stores for 45 years. With five regional offices across the country, NBB has national coverage and local familiarity. NBB has successfully closed 900 transactions in the auto industry, more than any other M&A firm in the industry.
